Anlst, Regulatory Relations
Webster Bank is a leading commercial bank focused on putting people first and helping them achieve their financial goals. The Analyst, Regulatory Relations supports the Compliance function with a focus on Regulatory Relations and Regulatory Change Management, providing foundational experience in compliance initiatives and regulatory communications.ResponsibilitiesLiaise with business units, risk management, legal, and other second-line functions to gather information and follow up on compliance and assist in cording communications and information requests for banking regulatorsPrepare supporting materials for compliance related meetings, regulatory examinations, and other supervisory interactionsSupport organization, tracking, retentions of regulatory correspondence and documentationMonitor, review, and summarize regulatory updates, guidance and rule changes issued by banking regulatorsAssist in the dissemination of regulatory updates to relevant business units and stakeholdersAssist Compliance team with regulatory research and regulatory exam preparation while developing an understanding of the compliance regulations and requirementsMaintain documentation to evidence compliance with the bankβs regulatory change management including regulatory inventoryDraft concise summaries of regulatory developments, examination activities and compliance updates for internal stakeholdersParticipate in compliance meetings and working groupsPrepare basic compliance reports, dashboards, and status updates as requiredSupport additional compliance projects and initiatives as assignedSkillsBachelor's degreeAnalytical aptitude with the ability to interpret and summarize regulatory informationStrong written and verbal communication skillsAttention to detail and accuracy in tracking and preparing informationAbility to manage multiple assignments, meet deadlines, and collaborate across various teams and levels of managementDemonstrated professional judgement with the ability to prioritize and escalate issues appropriatelyInternship experience or coursework related to banking, finance, compliance, or regulatory policyFamiliarity with banking, regulatory agencies, risk, and regulatory frameworksBenefitsIncentive compensationCompany OverviewWebster is a commercial bank that provides a range of personal and commercial banking services across several states. It was founded in 1935, and is headquartered in Waterbury, Connecticut, USA, with a workforce of 1001-5000 employees. Its website is https://www.websterbank.com.
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